Economic Buzz: German Producer Prices Rise Marginally In April

German producer price inflation rose to 2.0 percent in April from 1.9 percent in March, data from Destatis showed Friday. The price index for energy alone grew by 3.2 percent annually in April and those of intermediate goods went up by 2.1 percent. Excluding energy, producer prices were 1.6 percent higher than last year and they gained 0.2 percent from the previous month. On a monthly basis, producer prices climbed 0.5 percent from March, when it edged up by 0.1 percent. Prices were expected to rise by 0.3 percent.